Signed by Governor Gary Herbert

Vote Smart's Synopsis:

Vote to adopt a conference report that amends the calculation of the motor fuel tax to be dependent on the price of fuel, effective July 1, 2015.

Highlights:

• Amends the sales and use tax on motor fuel from $0.245 per gallon to a rate of 12 percent of the “statewide average rack price” per gallon, effective January 1, 2016 (Sec. 6).

• Specifies that the “statewide average rack price” of a gallon of motor fuel will be calculated in the following ways (Sec. 6):
• Until December 31, 2018, it will be determined by calculating the previous fiscal year statewide average rack price of a gallon of regular unleaded motor fuel; and
• Beginning January 1, 2019, it will be determined by calculating the previous 3 fiscal years statewide average rack price of a gallon of regular unleaded motor fuel.

• Increases the compressed natural gas, liquefied natural gas, and hydrogen motor fuel tax rate from $0.085 per gasoline gallon equivalent to the following amounts (Sec. 7):
• $0.105 until June 30, 2016;
• $0.125 until June 30, 2017;
• $0.145 until June 30, 2018; and
• $0.165 beginning July 1, 2018.

• Specifies that the statewide average rack price of fuel must be at least $2.45 per gallon and up to $3.33 for the purpose of determining the motor fuel tax (Sec. 6).

• Authorizes a county to increase the sales and use tax by 0.25 percent within the county, including cities and towns therein, to fund city and county roads and mass transit projects (Sec. 4).

Full Bill Text

Vote Smart's Synopsis:

Vote to adopt a conference report that amends the calculation of the motor fuel tax to be dependent on the price of fuel, effective July 1, 2015.

Highlights:

• Amends the sales and use tax on motor fuel from $0.245 per gallon to a rate of 12 percent of the “statewide average rack price” per gallon, effective January 1, 2016 (Sec. 6).

• Specifies that the “statewide average rack price” of a gallon of motor fuel will be calculated in the following ways (Sec. 6):
• Until December 31, 2018, it will be determined by calculating the previous fiscal year statewide average rack price of a gallon of regular unleaded motor fuel; and
• Beginning January 1, 2019, it will be determined by calculating the previous 3 fiscal years statewide average rack price of a gallon of regular unleaded motor fuel.

• Increases the compressed natural gas, liquefied natural gas, and hydrogen motor fuel tax rate from $0.085 per gasoline gallon equivalent to the following amounts (Sec. 7):
• $0.105 until June 30, 2016;
• $0.125 until June 30, 2017;
• $0.145 until June 30, 2018; and
• $0.165 beginning July 1, 2018.

• Specifies that the statewide average rack price of fuel must be at least $2.45 per gallon and up to $3.33 for the purpose of determining the motor fuel tax (Sec. 6).

• Authorizes a county to increase the sales and use tax by 0.25 percent within the county, including cities and towns therein, to fund city and county roads and mass transit projects (Sec. 4).

Full Bill Text

Vote Smart's Synopsis:

Vote to pass a bill that amends the calculation of the motor fuel tax to be dependent on the price of fuel, effective January 1, 2016.

Highlights:

• Amends the sales and use tax on motor fuel from $0.245 per gallon to a rate of 10 percent of the “statewide average rack price” per gallon, effective January 1, 2016 (Sec. 6).

• Specifies that the “statewide average rack price” of a gallon of motor fuel will be calculated in the following ways (Sec. 6):
• Until December 31, 2018, it will be determined by calculating the previous fiscal year statewide average rack price of a gallon of regular unleaded motor fuel; and
• Beginning January 1, 2019, it will be determined by calculating the previous 3 fiscal years statewide average rack price of a gallon of regular unleaded motor fuel.

• Specifies that the statewide average rack price must be at least $2.45 and up to $4.00 for the purpose of determining the motor fuel tax (Sec. 6).

• Authorizes a county to increase the sales and use tax by 0.25 percent within the county, including cities and towns therein, to fund city and county roads and mass transit projects (Sec. 4).

Full Bill Text